Key Benefits of Using a 529 Plan:
- Tax-Advantaged Growth: Earnings in a 529 plan typically grow federally tax-deferred.
- Tax-Free Withdrawals: Withdrawals are federally tax-free when used for qualified higher education expenses (tuition, fees, room & board, books, supplies, etc.). Many states also offer state tax benefits.
- No Debt Incurred: You are using saved money, not borrowing, so there's no future debt or monthly payments for this expense.
- Reduced Overall Cost of Education: By avoiding loan interest and fees, the total cost of education is lower.
`;
if (csvsl_domElements.pdfDownloadBtn) {
csvsl_domElements.pdfDownloadBtn.classList.remove('csvsl-hidden');
}
}
function csvsl_hexToRgb(hex) {
if (!hex || typeof hex !== 'string') return null;
const shorthandRegex = /^#?([a-f\d])([a-f\d])([a-f\d])$/i;
hex = hex.replace(shorthandRegex, function(m, r, g, b) { return r + r + g + g + b + b; });
const result = /^#?([a-f\d]{2})([a-f\d]{2})([a-f\d]{2})$/i.exec(hex);
return result ? { r: parseInt(result[1], 16), g: parseInt(result[2], 16), b: parseInt(result[3], 16) } : null;
}
function csvsl_generatePdf() {
if (typeof window.jspdf === 'undefined' || typeof window.jspdf.jsPDF === 'undefined' || typeof window.jspdf.jsPDF.API === 'undefined' || typeof window.jspdf.jsPDF.API.autoTable === 'undefined') {
alert("PDF generation library is not loaded. Please try again later."); return;
}
if (!csvsl_validateTab1() || !csvsl_validateTab2()) {
alert("Please ensure all inputs are correctly filled before generating PDF.");
if (!csvsl_validateTab1()) csvsl_navigateToTab('csvsl-tab1');
else if (!csvsl_validateTab2()) csvsl_navigateToTab('csvsl-tab2');
return;
}
csvsl_calculateAndDisplayComparison();
if (csvsl_domElements.resultsContainer && csvsl_domElements.resultsContainer.innerHTML.includes("csvsl-error-message")) {
alert("Cannot generate PDF due to errors in input or calculation. Please correct them."); return;
}
const ActualJsPDF = window.jspdf.jsPDF;
const doc = new ActualJsPDF();
const { expenseAmount, loanInterestRate, loanTermYears, loanDetails } = csvsl_inputData;
const loan = loanDetails; // for easier access
doc.setFontSize(18);
const primaryColorRGB = csvsl_hexToRgb(getComputedStyle(document.documentElement).getPropertyValue('--csvsl-primary-color').trim()) || {r:0,g:121,b:107};
const secondaryColorRGB = csvsl_hexToRgb(getComputedStyle(document.documentElement).getPropertyValue('--csvsl-secondary-color').trim()) || {r:0,g:77,b:64};
const loanColorRGB = csvsl_hexToRgb(getComputedStyle(document.documentElement).getPropertyValue('--csvsl-loan-color').trim()) || {r:211,g:47,b:47};
doc.setTextColor(primaryColorRGB.r, primaryColorRGB.g, primaryColorRGB.b);
doc.text("529 Savings Plan vs. Loan Comparison", 105, 20, null, null, "center");
doc.setFontSize(11);
doc.setTextColor(33,33,33);
let startY = 30;
doc.text(`Comparison for Funding an Expense of: ${csvsl_formatCurrency(expenseAmount)}`, 14, startY);
startY += 12;
const tableHeadFillColor = [secondaryColorRGB.r, secondaryColorRGB.g, secondaryColorRGB.b];
// Scenario 1: 529 Plan
doc.setFontSize(13);
doc.setTextColor(primaryColorRGB.r, primaryColorRGB.g, primaryColorRGB.b);
doc.text("Scenario 1: Using 529 College Savings Plan", 14, startY); startY += 7;
doc.autoTable({
startY: startY, theme: 'grid', headStyles: { fillColor: tableHeadFillColor, textColor: 255, fontSize: 10},
body: [
["Amount Used from 529 Plan:", csvsl_formatCurrency(expenseAmount)],
["Direct Cost (Interest & Fees):", csvsl_formatCurrency(0)],
["Future Repayment for this Expense:", csvsl_formatCurrency(0)],
["Tax Implication (Qualified Withdrawal):", "Usually $0 (Federally)"],
], margin: { left: 14, right: 14 },
styles: { fontSize: 9, cellPadding: 2.5 }, columnStyles: {0: {fontStyle:'bold'}}
});
startY = doc.autoTable.previous.finalY + 10;
// Scenario 2: Student Loan
doc.setFontSize(13);
doc.setTextColor(loanColorRGB.r, loanColorRGB.g, loanColorRGB.b);
doc.text("Scenario 2: Using a Student Loan", 14, startY); startY += 7;
doc.autoTable({
startY: startY, theme: 'grid', headStyles: { fillColor: tableHeadFillColor, textColor: 255, fontSize:10 },
body: [
["Loan Principal (Expense Amount):", csvsl_formatCurrency(expenseAmount)],
["Assumed Annual Loan Interest Rate:", csvsl_formatPercent(loanInterestRate)],
["Assumed Loan Term:", `${loanTermYears} years`],
["Total Loan Origination Fees:", csvsl_formatCurrency(loan.totalFees)],
["Effective Amount Borrowed (incl. fees):", csvsl_formatCurrency(loan.effectivePrincipal)],
["Estimated Monthly Payment:", csvsl_formatCurrency(loan.emi)],
["Total Interest Paid on Loan:", csvsl_formatCurrency(loan.totalInterest)],
["Total Finance Charge (Interest + Fees):", csvsl_formatCurrency(loan.totalFinanceCharge)],
[{content: "Total Repaid Over Loan Life:", styles:{fontStyle:'bold'}}, {content: csvsl_formatCurrency(loan.totalRepayment), styles:{fontStyle:'bold'}}],
], margin: { left: 14, right: 14 },
styles: { fontSize: 9, cellPadding: 2.5 }, columnStyles: {0: {fontStyle:'bold'}}
});
startY = doc.autoTable.previous.finalY + 12;
// Financial Advantage Summary
doc.setFontSize(13);
doc.setTextColor(primaryColorRGB.r, primaryColorRGB.g, primaryColorRGB.b);
doc.text("Financial Advantage of Using 529 Plan:", 14, startY); startY += 7;
doc.setFontSize(9.5);
doc.setTextColor(33,33,33);
doc.text(`- Total Money Saved (Avoided Loan Repayment): ${csvsl_formatCurrency(loan.totalRepayment)}`, 18, startY); startY += 5;
doc.text(`- Avoided Interest & Fees (Total Finance Charge): ${csvsl_formatCurrency(loan.totalFinanceCharge)}`, 18, startY); startY += 10;
doc.setFontSize(10);
doc.setTextColor(secondaryColorRGB.r, secondaryColorRGB.g, secondaryColorRGB.b);
doc.text("Key Benefits of Using a 529 Plan:", 14, startY); startY += 6;
doc.setFontSize(8.5);
doc.setTextColor(33,33,33);
const benefits = [
"- Tax-Advantaged Growth: Earnings typically grow federally tax-deferred.",
"- Tax-Free Withdrawals: For qualified higher education expenses (federal & often state).",
"- No Debt Incurred: Uses saved money, avoiding future debt for this expense.",
"- Reduced Overall Cost: Avoids loan interest and fees."
];
benefits.forEach(benefit => {
const splitBenefit = doc.splitTextToSize(benefit, doc.internal.pageSize.width - 28);
doc.text(splitBenefit, 14, startY);
startY += (splitBenefit.length * (doc.getLineHeight() / doc.internal.scaleFactor * 0.8)) + 1.5;
});
doc.setFontSize(9);
doc.setTextColor(120);
doc.text(`Report generated on: ${new Date().toLocaleDateString()} ${new Date().toLocaleTimeString()}`, 14, doc.internal.pageSize.height - 10);
doc.save("529_Plan_vs_Loan_Comparison.pdf");
}
window.csvsl_switchTab = csvsl_switchTab;
window.csvsl_navigateToTab = csvsl_navigateToTab;
window.csvsl_generatePdf = csvsl_generatePdf;
window.csvsl_updateTotalLoanFeesDisplay = csvsl_updateTotalLoanFeesDisplay;
